Witchwood is a cancelled action adventure game that was in development from 1994 to 1996 by Team 17, the team most known for the Worms series. The game would have been published by Ocean for Amiga and PC, but in 1995 it was moved to PC, Playstation, Saturn and Jaguar. As noted by Hallfiry in the Betaarchive Forum, while working on Witchwood Team 17 was also working on Speris Legacy another action adventure similar to Legend of Zelda, that was released for Amiga in 1996. It’s possible that Speris did not sell much and Team 17 / Ocean decided to stop working on a similar project that could have been another economic failure. Even if the game was cancelled, the soundtrack was released by Team17 composer Bjørn Lynne in 1996 and a playable demo of Witchwood was leaked online some years ago: you can download it from Kult Game.
Thanks to Tom Barker for the contribution!