sentences:  The land was settled in the mid-17th century by a Northamptonshire gentleman, William Gage, who bought the lease of the estate – then called Ballymargy from the Irish meaning "town of the market" – from the Lord Bishop of Derry.In the 2001 census the population was 291.The village lies within Causeway Coast and Glens District Council area and the Binevenagh Area of Outstanding Natural Beauty, with open views eastwards to the scarp slope of Binevenagh.