No not a flashing red light as that is indicative of the coolant level being low and/or other problems, I mean going to the red on the temp gauge itself. At normal running or idle the needle is sat at just about below halfway on the gauge, or in the middle on mine, since I changed the thermostat well over 6 months ago I can't remember seeing it creep over halfway. As long as the needle doesn't go into the red then you should be ok and shouldn't worry about it too much as this is within the scope of a normal running temp but like I say, the thermostat may need changing to bring it down to below halfway.?

If the thermostat change doesn't fix the problem then you may need to look into this further and it could be something else, but you may as well start with the cheapest thing to change and that will be the thermostat.