OK........ 1932, so, unless a lot of insulation has been added, a different approach is needed from that with a modern super-insulated one.
Your walls will be cavity masonry, brick or block. That takes a long time to heat up, but it acts as a "heat store". When heating is off or low, the masonry releases it into the room.
A modern house is so well insulated that when the heating is off it goes stone cold quickly, but re-heats almost instantly.
The modern house would benefit from 24 hour heating because of the low demand.
With an older house, I would go for comfort during the day, then maybe wind it up a bit in the evening. Overnight either turn it off, or reduce the roomstat to a low level. Unless you live in The Outer Hebrides, the house won't cool down completely. When the morning heating comes on, it'll soon top up.
With an older house, the plan is to never let it cool right down completely. It's a balance between keeping the fabric of the house warm, and not spending a fortune.