We have just had our 1930's semi, cavity wall insulation done on the government scheme. It cost us £150 up here in chilly North Yorkshire.
The difference in house temperature is remarkable. Well ... not just the temperature. The house holds the heat for ages before the combi kicks in to keep the temp at 20deg. I was pretty sceptical about it all at first, but at £150 I thought it was worth it. It was :)
There have been a couple of threads on here re these schemes, where posters have asked if it was a good thing to do, so I thought I would just pass on my observations :)