In 1810 Miranda returned to Venezuala and became its first revolutionary leader, only to be deposed by a Spanish counter-attack. On his way to be evacuated by a British warship he was handed over to the Spanish authorities by, ironically, Bolivar. Miranda died in prison a few years later.
The statue is a copy of one made in 1895 by the Venezualan sculptor Rafael de la Cova. It was put in position in 1990 after the restoration of the house as a cultural centre.