Thanks for advice, gentlemen. Taste test confirms it is coolant.
Odd it should decide to leak after 11 years service; I reckon Dave could be right, that the housing has cracked. I see on e-bay I can get a thermostat for £15, or a thermostat with housing for £23. The housing assembly will involve more connections, but seems safer route to me. Any comments?
£8 difference on an aging part with known problems? Why would you even consider not buying the assembly?
I did mention the housing was prone to cracking when Terry first replaced the wet stat ,
and I will say again ,extreme care should be taken not to over-tighten the bolts on the housing,and even torque ,or you stress the housing ,which when it heats up ,can crack
if the original housing is not cracked (just leaking from a Gasket) it may be stronger than the cheap,non OEM replacement
hence my recommendation to examine it very closely ,with a torch and magnifying glass