William Wood (b. 1791) was married to Mary Casbon (b. 1798) and owned land in Melbourne. My oldest aunt, just before she died, told me that "the family never play cards as the Wood brothers lost the village of Melbourne playing cards". I have no idea if there was any truth in the story, but they did move to Great Chishill and appeared to have 'come down in the world' as he became a wheelwright.
My guess is that they may have lost the parcels of land that they owned - not the whole village - but have no idea how one can find out.
Many thanks
Duncan