Found this picture while browsing Flickr tonight:
The inscription on the wall reads:
This school founded 1604 by Peter Blundell clothier of this town was sold in 1882 to provide for the building of the new school. Bought back in 1940 with funds collected by the Old Bludndellian Club and presented to the govenors in 1945. It was given in 1954 to the National Trust.
Also found this one:
