According to tradition, the name Griffydam derives from a combination of the terms Griffin (an ancient mythical beast with the body of a lion and the head and wings of an eagle) and Dam, a contained water source.
An old local legend tells of how such a creature zealously guarded the well, forcing villagers to walk several miles for their water, until one day it was slain by a chivalrous passing knight.
Originally a public house, this was converted into a nightspot late in the twentieth century and was finally closed in about 2000, much to the relief of local residents.
It is claimed that before the chapel was built John Wesley came to preach in the village when he was staying with his friend, Selina, Countess of Huntingdon at Castle Donington.
[dubious – discuss] Massey is said to have approached the slightly built preacher "savagely", but Wesley continued his sermon.