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:

Belvedere

Station Road, Belvedere 

Bexleyheath

The Broadway, Bexleyheath 

Burgh Heath

Reigate Road, Burgh Heath

Charlton

Bugsby Way, Charlton

Clapham Junction

Lavender Hill, Battersea 

Deptford

5-9 Deptford High Street, Deptford

Gravesend

Thames Way, Gravesend 

Greenhithe

Crossways Boulevard, Greenhithe

Kingston

142 London Road, Kingston Upon Thames 

Mitcham

St James Estate, Bond Road, Mitcham 

Sutton

St. Nicholas Way, Sutton 

Swanley

London Road, Swanley

Twickenham

Ivy Bridge Retail Park, Twickenham Road, Twickenham 

Wallington

Marlow Way, Croydon