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This Hammer Pond is near Hammer Farm to the south of Shipley. The lake originated as a Mill or 'Hammer' Pond and was central to the local iron industry, providing a head of water to drive both the 'hammer' which crushed the ore and the bellows to fire the furnace. A much larger Hammer Pond on the Knepp Estate is nearby at Kneppmill Pond - see http://www.geograph.org.uk/photo/4704191