Unfortunately, it is virtually imposssible to know exactly WHICH template for a holding pattern has been used, so you can't really say as you are flying around, "Oh, I have X miles of clearance on this side".
But, since template #4 is the smallest, you can always say, "I have at least X miles," which is worth something, I guess. In practice, though, I don't even think about it. I just do the hold following the rules, and assume that the TERPSter designed the hold following the rules.