A cheap bottle of red wine has been voted the best in the world by experts, and you can buy it from Asda for just £4.37.

Asda's La Moneda Reserva Malbec from Chile has won the best in show award at the Decanter World Wine Awards.

The budget wine was called an "absolute crowd pleaser" by a panel of 240 wine experts judging the under £15 red wine category.

Experts, who have been testing 16,000 wines from across the world, described the Asda Malbec as tasting of “freshly crushed black fruit, creamy vanilla yoghurt and pepper spice”.

Judges praised the wine for its “succulent juicy berries on the palate”.

You can buy the award-winning bottle from Asda's website and in store.

Find your local Asda:

BOLTON

Asda Daubhill Supermarket, St Helens Road, Daubhill 

Asda Burnden Park Superstore, Manchester Road, Bolton

BURY

Asda Bury Marketside Superstore, Spring Street, Bury 

Asda Pilsworth Superstore, Pilsworth Road, Bury 

Asda Radcliffe Superstore, Riverside Retail Park

TRAFFORD

Asda Altrincham Superstore, 90 George Richards Way,Broadheath

Asda Trafford Park Supercentre, Barton Dock Road, Manchester