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The Manor of Osterley in Heston was purchased by property developer Nicholas Barbon in 1683. Barbon conveyed the Manor to two co-mortgagees including the banker Sir Francis Child the elder (1642-1718). Child took possession of the Manor on Barbon's death in 1698, while his son Robert Child (d. 1721) bought out the co-mortgagee, so that the Child family owned the whole estate. The family expanded the estates by purchasing nearby Manors and commissioned Robert Adam to redesign the house.
The estates and Child's Bank were inherited by Sarah Anne (1764-1793), daughter and sole heir of Robert Child (d. 1782). Under the terms of Robert Child's will the estates passed to Sarah Anne's daughter Lady Sarah Sophia Fane (1785-1867), who was said to have an income of £60,000 a year. Lady Sarah married George Villiers, the fifth Earl of Jersey (1773-1859) who took the name Child-Villiers in 1812. Osterley Park stayed in the Jersey family until 1949 when it was sold to the National Trust. No 38 Berkeley Square was for many years the London town house of the Child-Villiers.