Not sure what O/D I have, but when I was on the motorway today doing 60, the speedo was around to 75-80 I saw a Mk3 at Leatherhead with O/D and the TPM on that speedo was 1152 which makes more sense than 980. I accept some difference in tolerance but over 20% is a bit much. I guess I'll have to get it calibrated as finding another one will be almost impossible.
Thanks for the feedback everyone.