I’ve seen similar designs on eBay and as a rule, not that cheap. This one isn’t exactly a steal either, but it does have the benefit of that great midcentury look, being a new piece and for the modern era, being an LED lamp – so much more energy efficient.
As for that design, it has a solid marble base, a plated bronze metal shade, plated brass accents and a cloth-wrapped cord. You can also adjust the lamp to point the light just where you need it, so good for reading and especially the desk of a retro office.
£169 is the price.