Royal Lochnagar 12 Years Old
Is it worth the price?
Royal Lochnagar 12 Years Old is a single malt Scotch from the Royal Lochnagar distillery, bottled at 12 years old. Tasters score it 4.1 out of 5 across 100 reviews. It is tracked at 3 retailers, ranging from €49.00 to €56.81, while the valuation model estimates a fair price of around €47.02. That is 1.10× the model estimate — almost exactly the quality-predicted price, with no meaningful brand premium.
Retailers tracked
| Retailer | Price |
|---|---|
| whiskylodge | €49.00 |
| topdrinks | €51.95 |
| thewhiskyshop | €56.81 |
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
- 4.09 / 5
- Age
- 12yo
- Region
- —
- Distillery tier
- Budget
- Predicted price
- €47.02
- Actual price (median)
- €51.95
- Multiple
- 1.10×
- Verdict band
- fair value (0.80× < … ≤ 1.20×)
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 (€0.25/cl × 70 cl)
- €17.50
- Maturation (12 × €1.20/year)
- €21.64
- Cask premium (undeclared)
- +€0.00
- × ABV factor
- ×1.00
- Cost floor
- €39.14
- Process distinctnessworm tubs (paper); tiny prestige output1 / 3
- Cask provenancecask type not declared on bottle0 / 3
- Bottling integrityABV not declared; chill-filtration not disclosed; E150a caramel colouring not disclosed0 / 3
- OwnershipDiageo (prestige range) — prestige-corporate0 / 3
- Heritagefounded 1845 (181 years of operation)3 / 3
- Reputation4.09/5 across 100 reviews0 / 3
- Quality score
- 4 / 18
- Quality multiplier
- ×1.33
- Intrinsic value
- €52.19
- Actual price (median)
- €51.95
- Multiple
- 1.00×
- Verdict band
- fair value
Maturation context
Highland · rolling 12 months: 911 mm at Gairnshiel (7 km). Scotland N rolling 12-month rainfall2,223 mm, +30.70% vs 1995-2024 median.