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On my reasonably flat commute I average around 16 mph on my road bike, but your average speed is dependent on many different factors. A general rule of thumb is that if you are switching from a mountain bike with knobbies to a road bike you will be between 15-20% faster at the same watts/effort.
People can go outrageous speeds -- like 150mph -- on a bicycle that approximates a road bike while moving behind a wind-breaking vehicle on the flats. Mile-a-minute Murphy did 60mph behind a train on a heavy steel road bike with balloon tires. Recumbents can do 80mph. Road bikes are actually fairly slow vehicles.