Tolkein inspired?

[Auriel Haevasawen]

A very dull piece of commonality is that Elvish blades glow blue when orcs are near, and Lightsabres do a glowing thing too.
For a more erudite link. I loved Alan Garner as a child. His book 'The Weirdstone of Brisingamen' contains:
2 children - who behave like hobbits.
1 bracelet - very powerful
1 wizard - beardy and amazing
Many elves - never seen and fire arrows from trees.
1 bad wizard - who is good wizard's brother.
Evil shapeshifter - all seeing baddie (female though)
2 dwarves - swords have names, excellent in caves.
The list goes on. Good book for kids though and set next door to David Beckham's house!!!