The Old Heroes are a pact of legendary heroes that lived before the events of Fable and Fable: The Lost Chapters. They played a role in the lore as protectors of Albion and will judge other Heroes if they are worthy of being buried alongside them.
Fable[]
In Fable and Fable: The Lost Chapters, there are three Old Heroes that are buried in the tombs of the Heroes' Guild garden.
Solcius[]
"Here are buried the remains of Solcius, the legendary mage who sacrificed his own life while performing his greatest spell, closing a vortex that threatened to engulf Bowerstone."
Solcius was a great mage who destroyed the portal that threatened to engulf Bowerstone. By doing so he took his own life. At the end of Fable if the hero chooses to throw away the Sword of Aeons, he is judged by three of the greatest heroes ever. Solcius was one of the three. You can see three statues outside Maze´s quarters, that resembles the three heroes, including Solcius. The statue of Solcius is wearing what seems to be a mage's robe and an apprentice hood.
Delfe[]
"Here lies Delfe, once the most powerful sorceress in Albion. Though she dedicated most of her life to selfish pursuits and the torment of others, she later repented and renounced her most devastating powers for the good of the Guild."
Delfe was once the most powerful sorceress in all of Albion. At first her magical talents were used for selfish purposes, this is evident by her tomb which depicts her as an evil character, but she later repented her ways and used her skills for the benefit of others. She was laid to rest, along with the Heroes Solcius and Holdr, within the Heroes' Guild courtyard, just outside Maze's chambers. It is these three Heroes who judge the hearts of those who seek to claim Avo's Tear. There is a statue of Delfe outside Maze´s tower, close to her tomb.
Holdr[]
"Here rests the body of Holdr, the great warrior who tamed the last dragon seen in Albion and rode it into countless battles. As Commander of the Dragon Knights, he kept watch over all men and women of the Southern Lands.
Holdr was a great warrior and a legendary Hero. It was he who tamed the last Dragon seen in Albion, and he who rode it into countless battles. As the Commander of the Dragon Knights, he kept watch over all the men and women of the Southern lands.