Old stove, bright colour (6)

I believe the answer is:

orange

'bright colour' is the definition.
(orange is a bright colour)

'old stove' is the wordplay.
'old' becomes 'o' (common abbreviation eg in OE for Old English).
'stove' becomes 'range' (synonyms).
'o'+'range'='ORANGE'

(Other definitions for orange that I've seen before include "Name of reigning house of the Netherlands" , "Type of fruit from which bergamot comes" , "Citrus fruit; colour" , "stocking filler" , "Unrhymable word?" .)

I've seen this clue in The Times.

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