To insulate a wooden shed I'm thinking of stapling breathable membrane to the inside, then put mineral wool (or block insulation) against this membrane, then 3mm ply board (or spare 18mm chipboard) against the insulation. Finally to finish off I would cut occasional circular holes through the ply/chipboard (from the inside) and put 50mm circular soffit vents ensuring that the insulation was vented from the inside. That way no accidental leaks.
Do I need to use silicon sealant to seal any gaps in the wooden tongue/groove panelling?
Do I need to use silicon sealant to seal any gaps in the wooden tongue/groove panelling?

