Wine of the week: a five-star pinot noir from New Zealand

2016 Mt Difficulty, Bannockburn Pinot Noir, Central Otago, New Zealand£25.99, waitrosecellar.com

I came up with the idea for this classification because there was an enormous explosion of wineries making pinot noir in the early noughties and every bottle seemed to be priced around the £25 mark. I thought that this confusing mass of labels needed sorting out, so I devised a rolling, five-year average scoring system that converts the top estates in the country into a one- to five-star table.

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Only 120 estates out of the 512 who make pinot in New Zealand make it onto the classification, so every single winery mentioned is doing a superb job. This enormous body of work is neatly condensed into two pages of A4, which I find rather satisfying!

Mt Difficulty is one of only seven estates to which Tyson and I have awarded five stars and the price of this wine hasn't moved in more than a decade, while its quality has soared. I am thrilled, this week, to alert you to the stunning 2016 vintage, which is available in 123 branches of Waitrose. This is one of the finest wines made in New Zealand and I cannot recommend it highly enough.

Matthew Jukes has been the MoneyWeek wine correspondent since 2006.

He has worked in the UK wine business for well over three decades and during this time has written 14 wine books. His four highly-acclaimed, annual wine reports – the Burgundy En Primeur Report, the Bordeaux En Primeur Report, the Piemonte Report and the 100 Best Australian Wines – are published on his website.

Matthew is a winner of the International Wine and Spirit Competition's Communicator of the Year Trophy. His thoughts, recommendations and tastings notes are followed very closely by the wine world at large.