You achieve a huge saving in carbon if you are changing from oil, CoP is above around 2.5, which if designed properly it will be:
carbon factors
Oil including boiler efficiency is around 0.3kg/kWh
Assuming a CoP of 3, which is reasonable (4 or 5 as quoted above is not likely), you get around 0.17kg/kWh.
The key is that CoP, try to get it included in the contract, essentially, the bigger the loop the larger the CoP will be, and the installer should be able to provide you with calculations showing the ground temperature and CoP over 50 years. They will need your current heating bills to do this.
I have ignored hot water, as this will kill you CoP, you will need to heat this electrically. GSHP works best when the flow temperature of the heating is low, around 45 is what we generally work to. But this means your current radiators wont get the hopuse up to temperature, you’ll need either underfloor heating or much bigger radiators.