One statue oddly placed (7)
I believe the answer is:
situate
'placed' is the definition.
(thesaurus)
'one statue oddly' is the wordplay.
'one' becomes 'I' (Roman numeral).
'oddly' indicates anagramming the letters.
'i'+'statue'='istatue'
'istatue' anagrammed gives 'SITUATE'.
(Other definitions for situate that I've seen before include "Place in a particular location" , "Position" , "station" , "Locate" , "put in context" .)