This is the pub where Tolkien, C.S Lewis and other Inklings went for a pint. Still a great option.
Exeter College is the fourth oldest college of the University - but more importantly it's where JRR went in 1911. Unsurprisingly, Tolkein read English Language at University.
A Blue Plaque indicates where Tolkien wrote the Hobbit and the first two parts of the Lord of the Ring. He moved to no. 20 in the same street in the 1930s and that's where he finished the trilogy.