Hang Bank Wood is a local nature reserve and is one of seven Heritage Woodlands in the Gleadless Valley. The woodland lies on a steep slope, is probably ancient, and contains the only mature yew trees in the valley.

The Gleadless Valley is a housing estate with a population of 9,724 as of the 2021 Census. Located 2.5 miles southeast of the city center, it transitioned from rural farmland and ancient woodland into a large housing project between 1955 and 1962. Historically, the valley featured significant woodlands and farmland, with woodland names reflecting their ancient origins. The area's rural character persisted into the mid-20th century despite Sheffield's urban expansion. The housing project, overseen by city architect J.L. Womersley, accommodated 17,000 residents and included diverse housing styles such as tower blocks, maisonettes, and patio houses, designed to integrate with the rolling terrain. Notable constructions include the first tower blocks in Sheffield at Herdings and Callow Mount, which were later refurbished. The project is esteemed for its sensitive incorporation of the landscape and preservation of ancient woodlands.