Many thanks to all posters, so far, who have given really helpful info about preserving existing decking.
Having just moved in, one of the first jobs I've done is clear away grass and earth as much as possible where they come into contact with the steps (made out of decking) which lead from the road up to the house. Doing so, I've noticed that that wood in contact with the earth is not in as good a condition as that which is surrounded by air. Unfortunately, I can't do much about the ends of the supports which have needed to be driven into the ground - although maybe I won't water adjacent plants so much as others!
From what most of you have said it seems that, indeed, pressure-washing should suffice. It certainly seems to have kept the wood generally clean so far.
Aesthetics has a little to do with my question. All the decking here (including steps, railings, stairs and ballustrades), having never been coated and only pressure-washed, is grey in colour. There is thus a clash between the colour of the decking and the colour of the varnished honey-brown window frames. We're inclined to coat the decking in honey-brown too, to achieve visual harmony. However, from what people have said here it sounds like doing this won't add much to the life of the decking.
Can I ask you all if there really are big differences between the different pots of wood coatings/preservatives? We bought a large tin of some "Forest Green" stuff the other day to make an unsightly trellis disappear into the greenery behind it . . . and it only cost £5. However, people here have mentioned Sadolins at £22 (approx) a tin. IF we're really only talking aesthetic effect (colour) at the end of the day, in using this stuff, then are there good reasons for paying £22 a tin instead of £5?
Eddy.