Tolkien seems to have not commented on it.
In J.R.R. Tolkien: Artist and Illustrator, Wayne Hammond and Christina Scull discuss this drawing, and note the proportion problems, but also note that Tolkien did not ever mention this in his correspondence with his publisher about this illustration.
The Hall at Bag-End, the last illustration in the book, is an intriguing interior. Tolkien enthusiasts have made many deductions about Hobbit culture and crafts from its contents. Tolkien himself was not happy with it: he confessed to Allen & Unwin that he had misguidedly put a shadow in wash behind the door. which in the line-engraving became all black and obscured a key in the lock. He said nothing to his publisher about the proportions of the door relative to Bilbo, but surely, as drawn the hobbit would have had to stand on a chair to reach the knob. The drawing has other odd features as well, For example the two framed mirrors on opposite sides of the door, one curved against the wall, the other flat and upright. But these are incidental faults, and they do not detract from the important aspect of the picture: its strong perspective along the lines of the tube-shaped hall to, and through, the open door. It says, on the one hand, that Bilbo is home again, comfortable and (to judge by his paunch) well-fed; but it also says. Look: the door is wide open, and there is the lane beginning just outside, going down The Hill and ‘ever ever on‘ (as Bilbo says in chapter 19), towards the horizon and adventure. Indeed, in less than a year after this drawing was made. Bilbo went once more into the east, in the sequel to The Hobbit Tolkien began to write in December 1937: The Lord of the Rings.
J.R.R. Tolkien: Artist and Illustrator - "The Hobbit"
Nearly two decades later Hammond and Scull again discussed this illustration in their The Art of the Hobbit book, but did not have anything further to add about this.
The letter referred to has been partially printed in The Letters of J.R.R. Tolkien.
In the 'Hall at Bag-End' I misguidedly put in a wash shadow reaching right up to the side beam. This has of course come out black (with disappearance of the key) though not right up to the beam. But the print is I think as good as the original allows.
February 5th 1937 Letter to Allen & Unwin