rear oxygen sensor

hi, my sister in law has a 2005 1.2s, and had the engine warning light come on (orange ) the main dealer did a dianogtice check on it and came back with a faulty rear oxygen sensor. fault code p1143 and a price of £197 to fix. is it worth doing it for her? how much are the parts? ebay or dealer? and is it easy to fit? i suppose rear sensor would be around the exhaust somewhere. cheers tony
 
I was quoted £167 for the sensor plus fitting. As my 08 reg was just out of warranty and only done 14000 miles Nissan as a good will gesture gave me a partial refund.
 
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