The spot where the church stands is called Niðri í Hólma ("down on the islet"). Nowadays the area is no longer like an islet, as the River Stórá runs from the north of the church and flows below it.
The location where the church stands is known as Niðri í Hólma ("down on the islet").  However, due to the River Stórá's flow, the area is no longer an island-like structure.