Hi J,Not sure what the UK gas price is capped at but maybe around 7.0p/kwh?
If you install a new boiler then you should get ~ 88% efficiency even with little or no condensing so a saving of 20.45% on your 70% efficient boiler.
Don't know how much gas you use per year, but assuming the above price at 7p/kwh, then if you use a unlikely 5000kwh/year = £350, saving £72/year, simple pay back on say £2300 for a new boiler + installation, 32years, if you use 10000kwh/annum = £700, saving £143, pay back 16years and if you use 15000kwh/year (like I do) = £1050/year, saving £215, pay back 10.7years. I'm sure someone can give far more accurate numbers than these but you get the rough idea, but doesn't take account of increasing fuel costs over the years.
The gas pices went up yesterday, so I'm not sure what they are today, but I think they were 11p/KWh (plus standing charge)
(see above) I think some of the inefficiency is heat exchanged up the chimney, but ignoring that I think I use app 5000/year, so it looks like from an economic view, it's not worth changing boilers. (I'm not so young as I used to be )
Thanks for your calculating, for me it's a nightmare looking at the bills and working them out
C