Crossword Genius

Fancied one at the party we hear (7)

Ross

I believe the answer is:

guessed

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'fancied' is the definition.
Although both the answer and definition are past participle verbs, I cannot see how one could define the other.

I don't understand the rest of the clue.

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(Other definitions for guessed that I've seen before include "Hazarded, estimated" , "perhaps got in one" , "Estimated correctly" , "took a shot" , "Conjectured" .)

I've seen this clue in The Globe and Mail.
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