What is the importance of "New Place" in the biography, Will in the World?

As the result of his successes in the London theatre, Shakespeare was able to purchase The New Place as a home for his family - his wife Anne, his children Hamnet, Judith and Susanna, and his father and mother. It had a large main building as well as an expansive land base and several barns. As his success and wealth increased, he was able to purchase more property surrounding New Place, and eventually died one of the largest landowners in Stratford.