Possibly three in that place (5)
I believe the answer is:
there
'in that place' is the definition.
(over there)
'possibly three' is the wordplay.
'possibly' is an anagram indicator.
'three' with letters rearranged gives 'THERE'.
(Other definitions for there that I've seen before include "Word of comfort" , "It's said to comfort" , "In position" , "In that respect" , "Exclamation of triumph or sympathy" .)