Both pipes go cold. Brand new HBV all connected as should. Does the 2.0 have a coolant bridge? Water pump is OK. Tried "burping" the system for 15mins. Can`t understand why I`m getting coolant dropping to sender level then when the cap is released the coolant rises midway between sender level and normal fill line. Having to keep topping up
Sorry, I should have read your profile properly. I don't know where the heater hose connects to on a 2.0, (it connects to the coolant bridge on the V6).
Your symptoms are quite perplexing. Firstly it is unlikely that a new component should be faulty but not unheard of so the new HBV might be at fault. It might have been plumbed in wrongly (it is not easy to see what is what at the back of the engine). The water pump might be faulty or the cambelt tensioner might have lost all tension and stopped turning the water pump or the headgasket might be starting to fail and causing coolant loss and system pressurisation.
I think I have reached the limit of what I can diagnose from a distance. I think you need advice from somebody more knowledgeable (and nearer)