Hi,
I'm the owner of Polo 1.4 ('99). It's 60HP 8v engine and i can tell a lot about it's fuel efficiency.
During my many trips I was able to get as low as 3.83 l/100km (61.41 mpg US) with just target driving and some EOC on a long slopes down and killing the engine at longer stops.
Recently I've started P&G with EOC and the numbers went a bit lower ~3.5l/100km (higher in terms of mpg units - 67.2mpg US)
And I have crappy tyres, but since they are pretty new (my father bought them, when he was driving my Polo), so I won't change them soon I think.
I've slightly modded aero of my Polo - you can see all the changes here:
My Polo modding thread
I would suggest to check your brakes - I suppose there is an unecessary drag, that is stoping your car and killing FE. My Polo is a bit lighter I suppose, but I haven't removed a thing from it to improve weight for now. But newer cars had a bit better aero.
Anyway if you want to discuss your Polo and mods, things to check or anything just drop me a line.
Good luck!