The name Welby is a boy's name of English origin meaning "from farm by a spring". Welby and discussed in our forums with posts like "A brother or sister for little Jack or Olivia".
From the experts:
Although it connotes a sense of well-being, not likely to be a popular choice.
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I love the name Welby. It would make a great nickname for Maxwell or Welton or any W name you like. It has a friendly, welcoming feel to it and also suggests well-being because of Dr. Marcus Welby on TV of yore.