I like walking by farms and fields, and this canal road is particularly nice. The university keeps flocks of sheep in a pasture to the east, and the fields round about are currently planted with alfalfa and wheat. You might also see ducklings in the canal.
In the pasture is something you don't often see anymore -- an old fashioned root cellar. Half-buried in the ground like Bilbo Baggins' home (though not nearly as comfortable), this old-fashioned refrigerator maintained a temperature substantially cooler than outside, and kept produce from spoiling for weeks even in the hottest days of summer.
The road to the cache starts to the south. You can park near the canal underpass.
This is #5 in the series, MountainHobbit's Mathoms. Don't know what a mathom is? Check out Chapter 1 in the Fellowship of the Ring by J. R. R. Tolkien to find out the reason for this hobbity celebration!
If gas prices have put a dent in your geocaching budget, all the caches in this series happen to be within 5 minutes by bike or hike of an LTD or CVTD bus stop. :)
Congratulations to tengwa as FTF!