In reply to goatee: how are you at running on flat, very fast for a long period? Comfortable or not?
The main difference for me when it comes to elevation is that I'm happy going up hill relatively quickly, because gravity helps me out going down on the other side and I seem to recover well. However, I find this doesn't translate well into running quickly on flat for ages - that's just me though.
One of my local routes is similar to yours. 12ish miles but more like 850 meters total climb and I complete this in about 1 hour 45 min. My only flattish road, also first road only, half marathon came out at 1 hour 42 min. I would maybe add upto 20 minutes onto that if it hadn't of been an organised event, the presence of other runners helps me. Road running can be so dull...