The village is situated close to Henly in Arden and its name comes from Olafs Hall which was a home built by a settler during the Dark Ages. The village has two churches - the old church of St Mary's dating back to the 13th century and the church of St Mary located in the village which was constructed in 1875 .

A local landmark, the Crowley Oak has ancient oak status and a girth of over seven metres. It is located just outside the village.