Wookey,
I agree with your comment
Now we just need a few million more renovations like that and we'll be sorted.
However, the likelihood is that external insulation and other eco-renovation methods will become the next "band-waggon" amongst the less that scrupulous sectors of the construction trade. Add it to the likes of Crittal windows, pebble-dashing, stone cladding, double-glazing etc etc.
Whilst companies like Viking, clearly have a grasp of the technologies and are genuine innovators, there will be a spate of cowboy operators getting on the Green Deal home-refurbishment programme.
Viking quote approximately £100 per m2 for external insulation. So for a 3 bed semi with about 100m2 of external wall area the cost of the external insulating process is going to be around £10K.
However, as Jack's internal refurb showed, seldom can these jobs be taken in isolation. As soon as you start investigating the structure of an older property, you find a whole can of worms.
So it might be worth considering a "package deal" - something on the lines that Viking did to the red-brick Victorian terrace. For a typical semi it might include:
1. New roof with solar heating and "warm loft" insulation. New soffets for correct ventillation.
2. Sub-floor insulation and UFH
3. Party wall internal insulation - why heat the house next door?
4. Triple glazing and better draughtproofing
5. External insulation where applicable.
6. Removal or blocking of any unused chimney stacks.
That level of refurb probably necessitates vacating the property for 3 to 6 months. If the "Green Deal" offers mortgages and grants to allow the funding of such a refurb, then there may be a considerable uptake.
However if you estimate a typical green-makeover as costing say £25k, then either you need to look at very long timescales (25 years), or the cost of gas has to rise astronomically to justify that level of expenditure.
If a suburban semi is typically £200K, and you spend £25K on green refurbishment, does that automatically put it into a more desirable price bracket when and if you come to sell it?
Whatever happens in the next 5 years or so, there will be those that make a lot of money from the Green Deal, and those who are correspondingly fleeced of their savings by unscrupulous salesmen.
Ken