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A search for Richard's body began in August 2012, initiated by the Looking for Richard project with the support of the Richard III Society.
The property was subsequently divided and sold in 1740; three years later, New Street was built across the western part of the site.The Welsh poet Guto'r Glyn credited Richard's death to Sir Rhys ap Thomas, a Welsh member of Henry's army who was said to have struck the fatal blow. The anonymous Ballad of Bosworth Field says that "in Newarke laid was hee, that many a one might looke on him" —almost certainly a reference to the collegiate Church of the Annunciation of Our Lady of the Newarke, According to the chronicler Polydore Vergil, Henry VII "tarried for two days" in Leicester before leaving for London, and on the same date as Henry's departure—25 August 1485—Richard's body was buried "at the convent of Franciscan monks [sic] in Leicester" with "no funeral solemnity".Its cost is recorded in surviving legal papers relating to a dispute over payment showing that two men received payments of £50 and £10.1s, respectively, to make and transport the tomb from Nottingham to Leicester.If Speed had been to Herrick's property he would surely have seen the commemorative pillar and gardens, but instead he reported that the site was "overgrown with nettles and weeds" and there was no trace of Richard's grave.The map of Leicester drawn by Speed incorrectly shows Greyfriars where the former Blackfriars was, suggesting that he had looked for the grave in the wrong place.
The site of the friary was sold to two Lincolnshire property speculators and was later acquired by Robert Herrick, the Mayor of Leicester (and eventual uncle of the poet Robert Herrick).