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Reasonable Cost of Oil Leak Repair

I have a 1999 Renault Clio with an oil leak. The garage has said it is coming from the Oil Pressure Sensor and has quoted ~£120.

I am wondering if this is a fair price? Does the switch need replacing, or just tightening up? The garage says that the engine would need to be removed - does that sound right?

Just hoping for a sanity check before instructing the garage.
Thanks

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