The social values of Lilyvale are demonstrated by its contribution as a historic building in The Rocks which has high social value to residents and occupants and the wider community who campaigned against full scale redevelopment of the area in the 1960s and 1970s and continue to hold The Rocks in high regard for its historical, archaeological and architectural significance and research potential;· its contribution to the community's sense of place as part of a primarily residential and small scale commercial precinct that developed after the relocation of the Old Gaol from George Street in the early 1840s and association with a number of occupants and tenants who were part of a closely knit working class neighbourhood.