[1] It was created on 13 August 1794 for Sir James Peachey, 4th Baronet, Master of the Robes to King George III.
The Baronetcy, of Petworth in the County of Sussex, was created in the Baronetage of Great Britain on 21 March 1736 for Henry Peachey, Member of Parliament for Sussex and Midhurst, with remainder in default of male issue of his own to his brother John Peachey and the male issue of his body.
[2] Peachey had two sons who predeceased him, unmarried, and was succeeded according to the special remainder by his brother, John, the second Baronet.
The latter was childless and was succeeded by his younger brother, the aforementioned fourth Baronet, who was elevated to the peerage in 1794.
Bulstrode Peachey Knight, brother of the first and second Baronets, also sat as Member of Parliament for Midhurst.