My CH system has a by pass loop with a Honeywell DU145 Auto Bypass Valve. I'm now on my 2nd valve, and I think that has also failed open like the first did - it seems a common problem with these valves.
I'm thinking of replacing it with a Honeywell D4043 2 port valve, plus a relay wired such that the valve gets it's ON supply from the CH pump feed, but ONLY when both the CH and HW zone valves are OFF (i.e. it only opens when the pump is in overrun mode). I have one radiator with no thermostatic valve, so there's always one "open path" through the system when the CH zone valve is open. The wiring is pretty simple, I've not bothered to try and draw it here, might even add an indicator light.
Anyone see any "no no's" with this?