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Calculating all-time rankings?

A long-time fan of the show, Ken Weavers, set himself the task of deriving an absolute measure of how well each team had performed. For example, if a team loses narrowly to the eventual champions, they deserve more recognition than to be just one of the first round losers. He thus derived an algorithm, much like that used in calculating chess rankings, in which not only the size and margin of victory matters, but also the strength of the opposition, derived in turn from their other performances.

The measure obviously relies on the fact that the difficulty of questions is consistent from week to week and year to year, something which the production team deny, stating that the questions get harder as the rounds progress, and indeed that the questions in each series are "10 percent harder than the previous series". Although, in my opinion, this is an exaggeration there is more than a little truth in it, despite a quick glance at the average points per match on the series so far.

Year Average 
1995 381.44
1996 416.07
1997 386.15
1998 388.33
1999 419.26
2000 375.68
2001 389.65
2002 368.94
2003 350.52
2004 318.06
2005 317.42

Anyway, below is a table that Ken has provided, which gives the 25 teams from the Paxman series that have the highest ratings according to his system. They are for interest only, and to be taken with a small pinch of salt! The series winners that don't make the table are Corpus Christi, Oxford 2005 in 37th place, Birkbeck, London 2003 in 72nd place, and Magdalen, Oxford 2004 in 123rd place.

Posn Team Year Rating Round
1 Open 1999 252.13 W
2 Birkbeck, London 1999 246.48 3
3 Oriel, Oxford 1999 245.52 F
4 Imperial, London 1996 245.08 W
5 Open 1997 243.43 F
6 Magdalen, Oxford 1998 242.28 W
7 Trinity, Cambridge 1995 239.31 W
8 Durham 1999 238.68 S
9 Magdalen, Oxford 1997 236.20 W
10 Balliol, Oxford 1999 234.99 2
11 Durham 2000 234.94 W
12 Aberdeen 1995 230.55 S
13 Corpus Christi, Cambridge 1997 229.90 2
14 LSE 1996 228.84 F
15 Imperial, London 2002 227.42 F
16 Warwick 1996 227.22 S
17 Imperial, London 2001 227.17 W
18 Newcastle 1996 226.55 3
19 Birkbeck, London 1998 225.95 F
20 Pembroke, Oxford 1996 224.93 3
21 Selwyn, Cambridge 1996 224.56 S
22 Somerville, Oxford 2002 223.55 W
23 Nottingham 1998 223.19 S
24 Edinburgh 1998 223.08 3
25 Manchester 1997 221.99 S

The top-ranked team in each series is as follows.

Year Team Posn Rating Round
95 Trinity, Cambridge 7 239.31 W
96 Imperial, London 4 245.08 W
97 Open 5 243.43 F
98 Magdalen, Oxford 6 242.28 W
99 Open 1 252.13 W
00 Durham 11 234.94 W
01 Imperial, London 17 227.17 W
02 Imperial, London 15 227.42 F
03 Birkbeck, London 72 195.94 W
04 Jesus, Cambridge 67 197.17 3
05 Corpus Christi, Oxford 37 215.79 W

Finally a weighted ranking of the most consistent institutions since the show returned, with points awarded for making a series, and then weighted to how each team performed. This is probably as close as one could get to listing the best quizzing institutions.

Posn Team Apps Rating
1 Durham 7 161.77
2 Birkbeck, London 6 154.52
3 Imperial, London 6 153.61
4 Open 5 152.21
5 Edinburgh 8 150.09
6 Magdalen, Oxford 5 148.53
7 Warwick 8 146.44
8 Sheffield 7 145.32
9 Trinity, Cambridge 5 145.09
10 Manchester 5 145.05