It's not essential in many instances but many people do it to either reduce noise levels or heat loss. As I understand it from others here WoodWool boards make an excellent base for a plaster coating and would provide a little insulation as well. However, that insulation gain would, in my opinion, be fairly minor. I would also be a little concerned that such boards may pose a risk insofar that that they might absorb a great deal of water before any leak from the bathroom becomes evident in the utility room.Do you actually put insulation between house floors, or pointless?