Terry bought a house for £65,000 on 1 June 1997 and occupied the house as his principal private residence. He lived in the house until 1 June 2003 when he went to stay with relatives in Australia, letting the house in his absence. He did not return until 1 June 2007, when he began using one -quarter of the house for business purposes and the other three -quarters as his residence. This arrangement continued until 1 June 2017 when he sold the house for £190,000. Compute the chargeable gain.