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The long awaited overhaul of 2047 began in with a move to Bridgnorth in November 2010. In 2013 quotations between £61,390 and £101,433 were obtained for the new boiler with an estimate of overhaul cost from the SVR of £184,306.<ref>[https://davidncooke686.jimdo.com/7-wilt-registered-charity-no-1041723/ 'WILT' page, David Cooke's website] (retrieved 17 February 2018)</ref> {{As of|2018}} the overhaul is in progress at the [[Bridgnorth Loco Works]], although a number of components have been moved to [[Bewdley]] for work to be done there. Pictures of progress at both locations can be seen on the [http://wilt.jimdo.com/7d-mw2047-restoration-progress/ Warwickshire Industrial Locomotive Preservation Trust web site 2047 restoration page].
New cylinders were lifted & installed on 1 July 2018. On 14 July 2018 the original boiler, smokebox and saddle tank were lifted onto [[GWR 42343 Machinery Flat|Loriot N 42343]] by the [[Cowans Sheldon 30-ton steam crane RS 1087|30-to ton steam crane]], in preparation for a planned move of the locomotive chassis and other components to Bewdley later in 2018.
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GWR 43243 2047 20180714.jpg|Saddle tank, smokebox and boiler
