Lampard hasn't played a minute of the first two group games, whilst Terry and Cole weren't selected for different reasons.
Former Chelsea midfielder and assistant boss Ray Wilkins believes that Frank Lampard has been underused at this World Cup, and believes that two of the Blues' most experienced players should have been part of the Three Lions squad that flew out to Brazil.
Wilkins believe that failing to play Lampard at any stages in England's two group games against Italy and Uruguay, which both ended in narrow 2-1 defeats, was a mistake given his goalscoring record.
He told TalkSport: "We are 2-1 down in the first two games, we are crying out for a goal. Frank Lampard scores goals.
"He is a fox in the box and he scores like a centre-forward. If we bought him on for 20 minutes, he has got the know-how to turn up in space and put the ball back of the net. But we haven't used him at all."
From the substitutes bench, England boss Roy Hodgson has decided to use relatively fresh faces to the England squad in Adam Lallana, Ross Barkley, Jack Wilshere and Rickie Lambert from the substitutes bench.
Lampard will make his first appearance of the World Cup when he captains England in their final game against Costa Rica this evening.
The idea that Wilkins comes up with is not a bad one, but also uses the benefit of hindsight. It's probably not conventional to throw a midfielder on to try and get a goal but to use more strikers from the bench, but as Chelsea's record scorer, he has a proven record in front of goal.
The former Chelsea assistant boss also had his say on the defending, which has been poor, especially in the display against Uruguay which ultimately cost England.
Many have suggested that Roy Hodgson should have done more to try and convince John Terry out of international retirement so he can link up with Gary Cahill, like he has done for Chelsea this season, whilst Ashley Cole was overlooked, whilst plenty suggest he is still the best left-back England has to offer.
Leighton Baines and Luke Shaw were selected as the two left-backs, whilst Phil Jagielka started alongside Cahill in both games
Wilkins added: "The conversation should have been had with John Terry. And I honestly felt we should haven taken Ashley Cole because, from a defensive point of view, he is still our best left-back.
"As much as you like to attack and you like to score goals, you have to think about defending your own goal as well and we started these guys just a little bit too quickly."
This World Cup has placed a lot of emphasis on youth, but with the benefit of hindsight, Terry and Cole could have helped the youth a great deal if they were part of the squad in Brazil.