Unrelated but for reference and interest, TfL uses ±10% at 95% confidence interval for journey time data collection in travel surveys for traffic simulation, same as TAG (DfT)

There’s even a mention of OSM for using Openrouteservice https://assets.publishing.service.gov.uk/media/664db4debd01f5ed32793ffc/tag-m1-2-data-sources-and-surveys.pdf#page=20 (s3.4.13)
The model is validated at the higher of 15% or 1min for 85% of routes https://assets.publishing.service.gov.uk/media/664dad464f29e1d07fadcc39/tag-m3-1-highway-assignment-modelling.pdf#page=33 (s3.3.15)