Garden statue with a pointy hat (5)
I believe the answer is:
gnome
'garden statue with a pointy hat' is the definition.
(I've seen this in another clue)
This is all the clue.
(Other definitions for gnome that I've seen before include "Underground dwarf" , "Fairytale dwarf, often in garden" , "Swiss banker" , "Little garden man?" , "Legendary creature" .)