This is a bit early - unless Edwin lied about his age

Baptism at Stonehouse - 9 August 1812 - Edwin BAILEY - parents Edwin & Sarah

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Just had a look on Public Members Tree

and Sarah SAVOURY's daughter - Hannah married Samuel HUDSON - in 1846...

1851 Census, Wiltshire, Westport St Mary

Samuel HUDSON - 30 - General Dealer, born Westport
Hannah HUDSON - 24
Sarah - 3
Saml - 1 month
Sarah SAROSY - mother-in-law - age 60 - born Brokenboro
Mary SAROSY - 18 - lace maker, born Westport

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This public members tree quote the death of the father :

Joseph SAVOURY - in 1839 - Malmesbury age 70

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so the marriage I gave in the previous reply at Stonehouse

i.e. Sarah BAILEY married Joseph SAVOURY - 23 March 1821 - seems to link up.

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This would seem to place the only BAILEY in Stonehouse, Glos around the time of the birth of Edwin - and Sarah BAILEY was born in Wiltshire - so probably could have been working as a servant.