more likely one of the valves has cracked and dropped into the cylinder and that nailed the spark plug electrode or the otherway around, normally when chain gets so bad to do a valve its at least all exhaust valves on n14 engines ,, you buy a £1000 engine from a breaker with over 60k on it it wont be long before your in same boat again, only a fool would fit a prince engine and not fit new chain on it before putting in, cheapest option repair what you hve and also new chain kit and oil pup chain as well will do at least another 60k plus miles,, on top of this breaker tend to lie about mileages on engines they also off a warranty but when you read on its only if fitted by god and no nuts and bolts have been changed on it etc,, £300 in parts you would be back on road again