New statue I'd located (8)
I believe the answer is:
situated
'located' is the definition.
(I know that located can be written as situated)
'new statue i'd' is the wordplay.
'new' indicates an anagram.
'statue'+'id'='statueid'
'statueid' anagrammed gives 'SITUATED'.
(Other definitions for situated that I've seen before include "Placed or located in certain position" , "Located; put into position" , "Positioned" .)