215/35x16 are 1.8% bigger than standard wheels and tyres, but will probably rub without arch work due to their width, 195/40x16 are 2.78% bigger than standard, the speedo will read 72 mph at a true 70mph not allowing for speedo accuracy, so they will probably run the correct speed taking inaccuracy into account, and they will fit into the arches even if lowered if the offset is right (around 38mm)
That sort of size alloy and tyre will slow your 1.0 down a fair bit though.