Freeholders Wood runs along the north side of the river Ure and the famous Aysgarth Waterfalls. The wood may not be as old as the falls but it has been around for many hundreds of years and is designated a Site of Special Scientific Interest (SSSI) and a Nature Reserve. Hazel dominates much of the woodland, but a number of other native British trees grow there, including holly, ash, wych, elm, oak and rowan. There are over 120 species of flowers and, in spring, the woodland floor fills with a carpet of bluebells studded with early purple orchids and woodland daisies. The main path through the wood has a firm surface, making it suitable for all visitors.