Preheat oven to 180°C. Place lamb on a rack (trivet) in a baking pan.
Drizzle roast with oil, season to taste and arrange thyme sprigs over lamb.
Bake for 1¼ - 1½ hours or to taste (25 minutes per 500g will give a medium-cooked roast).
Remove from oven and drizzle immediately with honey. Cover and rest for 15 minutes before carving. Serve with roasted vegetables, steamed greens and gravy.
Tips:
It is important to allow roast to rest before carving to retain juices.