A bottle of red wine has been crowned the best in the world – and you can sample it yourself for just £4.37.

Asda's La Moneda Reserva Malbec from Chile, costing only £4.37, was awarded Platinum Best in Show at the industry's coveted Decanter World Wine Awards.

The Malbec beat stiff competition from thousands of wines and was hailed 'an absolute crowd pleaser' by a panel of 240 international experts.

After a week of rigorous blind taste tests of 16,000 wines, judges said the budget bottle of wine was the toast of the town for quality and value for money.

Describing the wine as tasting of 'freshly crushed black fruit, creamy vanilla yoghurt and pepper spice' they praised its 'succulent juicy berries on the palate'.

It was said to have 'an excellent freshness' with a zing that was 'full of energy with a great price point'.

You can order the wine from Asda's website HERE.

Or you could try calling in to the Asda stores in Chester (on the Greyhound Park), Ellesmere Port , Saltney , Broughton or Winsford.