Cheers fellows for the replies.
The engine had been rebuilt before I got the car, but hadn't run for some 30 years since rebuild. The guy that was rebuilding the car died mid-way, and it stood in a barn from the 90s till I bought it in 2017.
Sorting out what has been done and what hasn't has been a major task, but it is obvious that the engine was re-bored and new pistons fitted, valves and guides were also done, don't know about bottom end yet, so fingers crossed there.
There is no extra oil feed.
I have been half thinking of stuck rings, but at 72 didn't relish the thought of lying on my back and dropping the sump to find out.
I have the head off at the moment as I have to clean up the valve area, when that's done I will do what I should have and test the compression on all cylinders.
There used to be a product that you could buy that supposedly un-gummed sticky rings, can't remember the name, and I doubt that it was very affective, but will give the Redex idea a shot before I put the head back on, can't hurt.
I did drain the old oil, and used a flushing oil to clean out the crappy build up of old emulsified gunge.
Thanks again, will keep you posted.
ps: Saw your club stand at Grimsthorpe/Baston car show and was impressed as you have a Peterborough section. May have to change allegiances.