  We apply our intrinsically symmetrical, decelerating relativistic jet model
to deep VLA imaging of the inner 140 arcsec of the giant low-luminosity radio
galaxy NGC 315. An optimized model accurately fits the data in both total
intensity and linear polarization. We infer that the velocity, emissivity and
field structure in NGC 315 are very similar to those of the other
low-luminosity sources we have modelled, but that all of the physical scales
are larger by a factor of about 5. We derive an inclination to the line of
sight of 38 degrees for the jets. Where they first brighten, their on-axis
velocity is approximately v/c = 0.9. They decelerate to v/c = 0.4 between 8 and
18 kpc from the nucleus and the velocity thereafter remains constant. The speed
at the edge of the jet is roughly 0.6 of the on-axis value where it is best
constrained, but the transverse velocity profile may deviate systematically
from the Gaussian form we assume. The proper emissivity profile is split into
three power-law regions separated by shorter transition zones. In the first of
these, at 3 kpc (the flaring point) the jets expand rapidly at constant
emissivity, leading to a large increase in the observed brightness on the
approaching side. At 10 kpc, the emissivity drops abruptly by a factor of 2.
Where the jets are well resolved their rest-frame emission is
centre-brightened. The magnetic field is modelled as random on small scales but
anisotropic and we rule out a globally ordered helical configuration. To a
first approximation, the field evolves from a mixture of longitudinal and
toroidal components to predominantly toroidal, but it also shows variations in
structure along and across the jets, with a significant radial component in
places. Simple adiabatic models fail to fit the emissivity variations.
