On 10 January 2024, a freehold property owned by Winifred was damaged by a fire.  The property had been purchased on 29 May 2011 for £73,000.  Winifred received insurance proceeds of £37,200 on 23 February 2024, and she spent a total of £41,700 during March 2024 restoring the property.  Winifred has elected to disregard the part disposal.

What is the base cost of the restored freehold property for capital gains tax purposes?