Eyre chapel is a rectangular building with low gables on the short E and W sides. There are 2 S doorways; that towards the W end has a Tudor arch, and another near the centre of the wall has a 12thc tympanum. There are 2-light square-headed Perpendicular windows on the S, E and W walls. Flanking the E and W pediments are plain corner pinnacles and at the top of the W gable is a crocketed pinnacle. Construction is of roughly coursed rubble with large quoins at the angles. The chapel was restored in 1887 and again in 1987, and has been under the care of the Friends of the Eyre Chapel since 1992. It is now used as a village hall.

Newbold was held by the king in 1086 and was assessed at 6 carucates. The manor was given to William Briwere by King John, and passed to the Wake family by marriage. Hugh Wake gave the entire manor to Welbeck Abbey in Henry III's reign. After the Dissolution Newbold passed to Sir William West whose son, Edmund, sold it to Anthony and Gervase Eyre in 1570. The chapel was granted by James II for Roman Catholic worship in , and was sacked by a Protestant mob in 1688. It fell into disuse as a chapel and was for some time used as a barn before its restoration in 1887.

A Tree of Life flanked by beasts is found on the S doorway tympanum at Ashford-in-the Water, 15 miles to the W. near Bakewell. This version of the subject appears to show the tree alone, and is more commonly found in the West Country, the West Midlands and Yorkshire.