close

Affiliate Disclosure: Investabrick participates in the Amazon Associates Program, the eBay Partner Network, and the LEGO® Affiliate Program. As an affiliate, we may earn from qualifying purchases made through links on this site.

LEGO Icons The Lord of the Rings: The Shire (10354) – A Must-Have Set for Collectors and Investors

Published: 1 year ago

Last Updated: 7 months ago

LEGO Icons The Lord of the Rings: The Shire (10354) – A Must-Have Set for Collectors and Investors Image

Part of a growing line of popular LEGO LOTR sets, LEGO fans, collectors, and investors alike will be thrilled by the latest addition to the LEGO Icons series: The Lord of the Rings: The Shire (10354). This stunning diorama transports builders to the heart of Hobbiton, capturing the whimsical charm and rich storytelling of The Lord of the Rings trilogy. 

 

 

Centred around Bilbo Baggins’ iconic hobbit hole, LEGO 10354 recreates his memorable eleventy-first birthday celebration with an incredible level of detail and nostalgia-packed features. From the lush, rolling greenery of The Shire to the delightful party scene featuring fireworks and the famous Party Tree, this set is a true homage to Tolkien’s legendary world. Whether you're a long-time fan of Middle-earth, an avid LEGO collector, or a LEGO investor seeking a valuable addition to your portfolio, this set delivers a compelling mix of immersive building, intricate design, and nostalgic appeal.

 

Set Details

LEGO 10354 comes with 2,017 piece and this immersive build brings The Shire to life with Bilbo’s round-doored home, a beautifully furnished interior, and iconic elements such as Gandalf’s horse and cart, fireworks, and the grand Party Tree. The set includes nine detailed minifigures—Bilbo, Frodo, Gandalf the Grey, Samwise, Merry, Pippin, Rosie, and the Proudfoots—allowing builders to recreate key moments from the films. 

 

 

Interactive features add another layer of magic, including a mechanism to make Bilbo disappear in an instant, a transforming letter that reveals The One Ring, and interchangeable heads for Merry and Pippin to recreate their mischievous firework stunt. Measuring 20 cm high, 45 cm wide, and 27 cm deep, this impressive display piece comes with an RRP of $399.99 / £329.99 / €399.99, making it an exciting prospect for LEGO collectors and LEGO investors looking for a standout addition to their portfolio. 

LEGO Icons Lord of the Rings the Shire is due to fully launch on April 5th, but is available to LEGO Insiders Members only 3 days earlier from April 2nd. Head to LEGO.com now to order yours!

 

 

Theme Analysis

This is the third large Lord of the Rings LEGO set within the LEGO Icons theme, following on from LEGO LOTR Rivendell (10316) and LEGO LOTR Barad-dur (10333) which have both been extremely popular sets at retail sale and ones here at Investabrick we expect to perform well when they retire.

 

 

The LEGO Icons theme is already a strong theme, having launched in 2013 and there been over 100 sets since then and with the retired sets delivering average annualised growth of 11%, but at Investabrick we expect the first 2 large LEGO LOTR sets to outperform this, and the likelihood is that we will see the same from LEGO 10354 too. Obviously, we will look to the performance of LEGO LOTR Rivendell and LEGO LOTR Barad-dur once they retire to give us better guidance as to what to expect from LEGO LOTR The Shire. 

 

Conclusion

Another great looking set from the LEGO Icons Lord of the Rings collection and one that is sure to be popular, with LEGO builders, LEGO collectors, LEGO investors and Lord of the Rings fans alike.

For those looking for an investment set in this space now, then we would strongly recommend looking to purchase LEGO 10316, LEGO LOTR Rivendell before it is most likely retired at the end of this year. The set has recently been listed on Amazon and the first signs of a few small discounts have appeared so worth keeping an eye on to snap up if further discounts become available!

 


Author: Sophie Turner

Sophie is a freelance writer and pop culture researcher with a lifelong love of film and fandom. She became an AFOL after building her first LEGO Ideas set and realising how perfectly LEGO captures iconic moments. Her collection centres on Ideas, Disney, and pop culture collaborations, from classic movie scenes to nostalgic TV tie-ins. Sophie explores the emotional side of LEGO collecting, examining how memory, storytelling, and cultural relevance shape demand across generations.

See Sophie's Articles
Our latest investment advice article
The LEGO shop experience Image

The LEGO shop experience

7 months ago

The LEGO shop experience. Buying LEGO online from LEGO.com is a definitely a great experience, with a range of features to ensure every buyer not only has information about th...

Read More
LEGO Investment 101
Investing in LEGO 101 – The Investabrick Guide to LEGO Investment Image

Investing in LEGO 101 – The Investabrick Guide to LEGO Investment

7 months ago

Welcome to the Investabrick guide to LEGO Investment where we look at the key factors that affect investing in LEGO and provide you with LEGO investment advice....

Read More
Latest Articles
LEGO Hello Kitty 2027: Sanrio Investment Potential Image

LEGO Hello Kitty 2027: Sanrio Investment Potential

10 hours ago

LEGO Hello Kitty and Friends arrive in 2027. Discover why the Sanrio partnership could attract collectors and what it may mean for LEGO investment....

Read More
Latest Articles
BrickLink Designer Program Series 9: Best Investment? Image

BrickLink Designer Program Series 9: Best Investment?

12 hours ago

BrickLink Designer Program Series 9 is over. We compare Pumpkin Patch, Sleepy Dragon Inn and Fisherman's Village to find the strongest investment potential....

Read More
Top Offers
Offers Calendar Image

If you enjoy our content and you are about to purchase your next LEGO® set, we'd appreciate if you'd help us by clicking through one of our affiliate links.

Shop now at Lego Shop now at Amazon Shop now at Ebay

Please remember to support our community and buy your LEGO via our affiliate links wherever possible and please remember to accept cookies in your browser.