Almost all institutions have roots decades back before their higher institution status; the point remains they were not a high institution then, so that argument is irrelevant and does not change the age argument.
I don't think city and size of universities play an impact in how good a university is in research. The fact is that top universities tend to be built in cities and make the locations they are in more prominent due to their success. So the argument is actually the other way round:
"Research performance of an educational institution play a major factor in increasing the size of the institution and making its located city more prominent".
The towns of Oxford and Cambridge would have been irrelevant towns if not for the prestige and research powers of the universities in them.
And all countries in the world would have many of their Top 1% of universities in their major cities (i.e. Administrative capital, Commercial capital and Regional capitals). Same applies to the UK; that is just how it iis built.
A typical extremely top student will have:1st choice: Oxford/Cambridge |
2nd choice: LSE/Imperial/UCL |
3rd choice: UCL/Durham/Edinburgh/KCL/St Andrews/Bristol/Warwick |
4th choice: Durham/Edinburgh/KCL/St Andrews/Bristol/Warwick/Manchester |
5th choice: Bristol/Warwick/Manchester/Nottingham/Glasgow/Exeter/Bath/York/SOAS/Birmingham/Leeds/And any shocker choice (like Oxford Brookes and UWE)
A typical extremely top student that wants to study Maths will probably go:1st choice: Cambridge |
2nd choice: Imperial |
3rd choice: Warwick |
4th choice: Bristol |
5th choice: Bath
A typical extremely top student that wants to study Law will probably go:1st choice: Oxford |
2nd choice: LSE |
3rd choice: UCL |
4th choice: KCL |
5th choice: Warwick
UCL and Durham are very popular 3rd choices for independent school students. And Exeter, Bath and York are very popular 5th choices for such students. That means UCL would have more Oxbridge applicants apply to it than LSE and Imperial, but in most cases, it is really a popular 3rd choice; while Imperial and LSE tend to be second when these students apply to them.
https://www.theguardian.com/news/datablog/interactive/2014/jul/24/interactive-which-universities-think-equalsSo if you don't think offer rates are reliable for prestige, what factors do you think would be good to use to assess prestige and would not be possibly misleading?