If under the floor then only insulate between the joists.
Generally the insulation will be flattened by floorboards so no need to over notch the joists.
But should be insulated where the space is available.
Doesn't everyone?
Are you a qualified plumbing and heating engineer Tony? ..and if so where did you take your training?
+1 I'd like to know! Unless I detect a hint of sarcasm