Is it worth the price?
BALVENIE (The) 12 Years Old Double Wood is a Speyside single malt Scotch from the Balvenie distillery, bottled at 12 years old. Tasters score it 4.6 out of 5 across 31 reviews. It is tracked at 4 retailers, ranging from €62.91 to €71.50, while the valuation model estimates a fair price of around €105.45. That is 0.62× the model estimate — well below the quality-predicted price, and one of the clearer value picks in the data. Of the 8 Balvenie bottlings priced here, this is the strongest value.
Retailers tracked
| Retailer | Price |
|---|---|
| whisky.fr | €62.91 |
| thewhiskyshop | €63.00 |
| whiskylodge | €67.50 |
| topdrinks | €71.50 |
How we got this number
The valuation model predicts a price from this bottling's inputs. The multiple is the actual market price divided by that prediction.
- Rating
- 4.61 / 5
- Age
- 12yo
- Region
- Speyside
- Distillery tier
- Premium
- Predicted price
- €105.45
- Actual price (median)
- €65.25
- Multiple
- 0.62×
- Verdict band
- hidden gem (≤ 0.80×)
Methodology estimate
The deterministic model from methodology.md: production cost per litre × bottle size, plus maturation cost per year, plus a cask premium, times an ABV factor — then multiplied by a quality grade summed across six 0–3 axes.
- Production (€0.14/cl × 70 cl)
- €9.80
- Maturation (12 × €1.20/year)
- €21.64
- Cask premium (ex sherry)
- +€8.00
- × ABV factor
- ×1.00
- Cost floor
- €39.44
- Process distinctnesspartial estate barley / floor malting on site; partial floor malting; own cooperage; on-site coppersmith3 / 3
- Cask provenanceex sherry; partial single-estate malt1 / 3
- Bottling integrity40.0% ABV; chill-filtration not disclosed; E150a caramel colouring not disclosed0 / 3
- OwnershipWilliam Grant & Sons (family corporate) — production-led corporate1 / 3
- Heritagefounded 1892 (134 years of operation)2 / 3
- Reputation4.6129/5 across 31 reviews3 / 3
- Quality score
- 10 / 18
- Quality multiplier
- ×1.83
- Intrinsic value
- €72.31
- Actual price (median)
- €65.25
- Multiple
- 0.90×
- Verdict band
- fair value
Maturation context
Speyside · rolling 12 months: 743 mm at Aberlour (5 km). Scotland N rolling 12-month rainfall2,235 mm, +30.70% vs 1995-2024 median.
Other bottlings from Balvenie
- BALVENIE (The) 14 Years Old Caribbean Cask €82.83 · 0.63×
- BALVENIE (The) 12 Years Old The Sweet Toast of American Oak €57.16 · 0.72×
- BALVENIE (The) 12 Years Old Single Barrel First Fill €73.95 · 0.76×
- BALVENIE (The) 14 Years Old The Week of Peat €89.95 · 0.77×
- BALVENIE (The) 21 Years Old PortWood €254.95 · 0.84×
- BALVENIE (The) 16 Years Old French Oak Pineau Cask €204.00 · 1.12×