OK PT very helpful in spotting my "deliberate" mistake.
Andy - Thanks for the advice. My bike has had sporadic use. I used it a bit when I got it then it became a warm weather sort of activity for me occasionally so the bike as not used enough. The last 4 or 6 years its only seen activity a few times every other year. As of today it is going to be used as a commuter 5 days a week if the weather is good (less if its raining or I oversleep). I changed my rear tyre about 6 years ago when the old one looked like it was starting to perish and it wasn't holding pressure. New tubes front and rear at the same time due to punctures.
Overall the mech works well and is pretty much as new. The frame is immaculate apart from a layer of dust that seems to have merged with the paintwork in a few places. I know I am asshamed that a good bike like this has not been used more.
Only a 14 speed (double and a 7 cassette). Brakes and shifters are exage300EX. I don't know if these are any good or not but I reckon they were probably 1 or possibly 2 up from the bottom of the Shimano range at the time. Perhaps Tiagra or Sora are now the equivalent spec level. Technology has improved drastically and stuff such as STI shifters are now universal on road bikes. Mine is a downtube shifters. Back when I got it you had to spend £ 700 - £1000 or perhaps more for STI shifters IIRC.
I reckon I should get some life out of this old bike afterall it is light and works well. On the other hand I would get something rather nice compared to it for £900 with the panniers, racks and mudguards in this price (£700-£800 bike only).
I have been looking at cyclo cross bikes as I heard they make good fast commuters / tourers yet still do well on the road. Of course a local independant has told me he can do a winter trainer frame (made exclusively for them) with Tiagra stuff, pretty much made to measure. It owuld have more clearance for mudguards and would take a rack. The price would be about £800 leaving me £100 for racks and panniers. All within my £900 top budget.
Question is, would you guys go for a custom made winter road bike from a locally known independend bike shop or a cyclocrosser from a known make? Anyone heard of Brucies in Kendal? What's their rep like? I know he's a character.