Board Thread:Oblivion/@comment-184.20.128.143-20150626135014/@comment-6881629-20150626142656

The Boots of Springheel Jak will allow you to survive the fall but get destroyed in the process, without them apparently you'll be ok if you have around one hundred and eighty health and forty in acrobatics. Items that fortify your acrobatics will reduce the fall damage and there are a few bottles of Surilie Brothers Wine around to give your health a little boost.

There's supposed to be a very small ledge close to the top you can hit to save a few health points.

If you have really low health and can't survive the fall you can just let yourself get arrested as the Elder Scroll is a quest item and can't be removed from your inventory.