I've had some correspondence with Honeywell over this; our 3 way valve was banging when the CH was going off. I believed that the clonking was caused by the hard rubber ball inside the valve getting worn or crudded up or the pivot wearing so I drained down and replaced it with a new valve, which cured the problem for a few months. When it started again I sent the old valve back to Honeywell with a letter of complaint. They asked me to send them a picture of the installation, which I did, and duly received a lengthy "get out" letter bullshitting about water pressure and pointing out that the valve was installed with curves in the pipework too close, so it was my fault.
They achieved their objective because I can't be bothered to argue with them any more and have given up and we just live with the occasional loud clonk.