Hoaw about a socket AM1 setup?
YOUR BASKET
1 x
AMD Athlon 5350 2.05GHz Quad Core Processor - Retail (Socket AM1) £41.99
1 x
Asus AM1M-A AMD AM1 (Socket FS1b) DDR3 Micro ATX Motherboard £25.99
Total : £77.58 (includes shipping : £8.00).
Although they do only have single channel ram and you are limited to 16gb due to only having two DIMMs. An i3 setup would most likely perform a bit better but this will use less power. I'm guessing you would install a raid card as this motherboard has no built in raid and only had two Sata ports.
You could go for one of the slower processors available too, this motherboard alows overclocking too.