Praed was the son of James Praed of Trevethoe, Cornwall and his wife Honor Gifford, daughter of Arthur Gifford of Brightley, Devon.
He matriculated at Exeter College, Oxford on 27 June 1671 aged 15 and entered Middle Temple in 1674.
[1] In 1681, Praed was elected Member of Parliament for St Ives.
He was recorder of Penzance from 1693 until his death in 1706, and stannator for Penwith and Kerrier in 1703.
He left all his personal property to his wife and his encumbered estates to his brother John.