The Lordship of Colne Engaine, near Halstead, is up for sale – for the princely sum of £6,750.
The new Lord or Lady will be able to use the title on their passport, cheque book and credit cards and will be able to join the Manorial Society of Great Britain, which holds an annual reception at the House of Lords.
It also offers grazing rights on common land at Ansteys Green and Buntings Green.
Five Bells Inn landlord Darran Lingley, who is chairman of the parish council, said the sale had been the subject of much bar talk in recent weeks.
“I was thinking of buying it myself,” he said. “I would link it so that whoever has the pub in future will get the title.
“It’s a bit of fun and it would be much better to keep it within the village.”
According to Manorial Auctioneers of London, which is handling the sale, Lordships of the Manor are the oldest land titles in England.
Spokesman Robert Smith said the manor is in the Domesday Book and belonged to Robert Mallet. In the 16th century, it was part-owned by Lord Howard of Effingham who commanded the English fleet defeating the Spanish Armada.
The title belonged to Miss Courtauld, and a stained glass window showing her as Lady of the Manor is in St Andrew’s Church.