No, in a little plastic wallet on my desk I must admit that until I added them up I thought that I had about £300/£350 worth. I seem to recall that I benefited from an offer on Heidseck champage where you got 750 bonus points and then did a price match with Asda and got £10 off - those were the days

Using them to take the family to NYC in CW with an AmEx 241 means that I estimate I get about £4,400 of value for £550 of Clubcard points (estimating the value of a TATL J ticket at a very conservative £800). This is helped not only by the bonus Avios, but the reduction in Avios required for the East Coast of the USA.