Quote from: Andrew1939 (formerly CLPG» (Cotswold Line Promotion Group - about)) on October 03, 2012, 16:46:07
II & FTN should read the following from the Oxford Mail and also the Stratford D.C. report from the link at the end of the article:
Study establishes a good case for reinstating Stratford to Oxford link
Study establishes a good case for reinstating Stratford to Oxford link
Having read the study (thanks for providing the link), I can certainly vouch that they have done a thorough job, though a few things worry me about the report. And for those reasons I haven't changed my mind!
Firstly, unless I've missed it, there is no reference whatsoever to the redoubling of the Wolvercote to Charlbury and Evesham to Norton Junction sections. These would both be needed in order to provide the train paths they want for their hourly service from Stratford to Worcester and Oxford. Neither currently feature in CP5▸ (Control Period 5 - the five year period between 2014 and 2019), which at the end of in 2019 this scheme is hoped to be in operation according to the report.
Secondly, their BCR▸ (Benefit Cost Ratio) figure comes in at only 0.8:1 - if they massage the figures to include 6% year-on-year growth, an additional 10% in the first year, and the scheme costs less than they estimate they can just about get that to a figure of 2:1. Now, I know that Benefit Cost Ratio's are highly subjective, and schemes shouldn't solely be judged on their BCR figures, but those figures seem extremely low. Compare that with the East-West Rail's BCS of 6.3:1, a figure which doesn't take into account the 'sparks effect' of electrification or any 3rd party contributions and think how long it's taken that to get onto the 'going to be done' list.
Third, there is undoubtedly demand for a service from Oxford to Stratford and from Worcester to Stratford, but is there enough of a demand? Journey time wise Oxford to Stratford via Leamington would take around 1h 20m and I can only see that being reduced by about 20 minutes at the most via this new route. Journey times to/from London would barely improve on Chiltern's current operation, and involve a change at Oxford based on their financial modelling (though mention of a through service is made). There is also no mention made of the possible reinstatement of the London/Oxford/Stratford service as specified in the Greater Western Franchise ITT▸ (Invitation to Tender) - that would surely impact negatively on already poor BCR figures.
Finally, the biggest hurdle of all is that they recognise that both bats and newts are known to be in the area, so that means the scheme has no chance!