If your're not intending to replace the wallpaper any time soon why not fit a blanking plate over the hole. Some thing like this.
https://www.mitre10.co.nz/shop/hpm-standard-blank-plate-w-70mm-h-114mm-white/p/105585?gclid=EAIaIQobChMItqbYqvOz8gIVWCQrCh2gxwGoEAQYBCABEgJkSPD_BwE&gclsrc=aw.ds
It will look tidy and you wont have the trouble and expense of replacing/repairing the wall paper.
Quick, cheap, good.