Remember there are multiple ways of losing heat. How good is your pad? Is the bag a mummy (a bare or minimally covered head will lose a lot of heat)? Is your bag "pumping" (your breathing can cause the bag to act as a bellows and pump warm air out and cold air in)?
If you have a roomy outer bag (polyester or down), putting a down bag inside can work very well--the inner bag fills all the excess space in the outer bag and prevents pumping. But if the outer bag is tight, you will just compress the inner bag and get only a small benifit.
The insulation of a sleeping bag is primarily related to its thickness. (Don't forget that, in practice, you also have to block all those other avenues for heat loss.) Once again, here is the insulation table:
US Army Quartermaster insulation table
temp ... sleeping ....... light work ..... heavy work
40F .........1.5" ................. .8"................. .20"
20F .........2.0" .............. 1.0" ................. .27"
. 0F .........2.5" .............. 1.3" ................. .35"
-20F ....... 3.0" .............. 1.6" .................. .40"
-40F ....... 3.5" .............. 1.9" .................. .48"
-60F ....... 4.0" .............. 2.1" .................. .52"
Remember, for a sleeping bag, half is above you and half below, so the total loft should be at least twice the above.
Some total (top+bottom) lofts from real bags:
20F ... 5"
.. 0F ... 6"
-20F ... 9"
-40F .. 12"
If your bag doesn't have a draft collar, you can use a fleece or down jacket as one by draping it around your shoulders.
Different people have different metabolisms so they may require rather different amounts of insulation for the same temps. Women frequently sleep colder than men.
And finally, one's metabolism varies. How tired were you? Did you have a good dinner in you? What you ate is also important (fats at dinnertime keep you warm in the wee hours...). Eating a snack before hitting the sack can help, too.
I suggest to compare the loft of the combined bags to the table of lofts from real bags to estimate the rating of the combo. (Total loft is approximately the thickness of the bag after it is laid out on a flat surface and given ample time to expand.)
Other relevant threads (search and ye shall find...):
http://www.vftt.org/forums/showthread.php?t=8069
http://www.vftt.org/forums/showthread.php?t=6164
Doug