Total Film said of the awardees: "Some are terrifying. Some are horrifying. Some are just plain revolting. But every one of the films on our list is raw, visceral and highly disturbing."
The film, which was reportedly just made for just $140,000 US dollars, is inspired by the 1957 murder case involving Wisconsin farmer Ed Gein and stars Gunnar Hansen as the axe-wielding serial killer called Leatherface. A remake starring Jessica Biel was also made out of the movie.
"Cutting deep. Director Tobe Hooper takes horror to the bleeding edge," said the magazine of the gory classic.
The movie was reportedly refused a certificate for many years and was one of the original films declared a "video nasty," a term referring to a film depicting explicitly shocking and violent scenes.
"Halloween," starring Jamie Lee Curtis, landed second place while third was 1970s Italian shocker "Suspiria," followed by zombie-infested George A. Romero film, "Dawn of the Dead" and the Stephen King novel-turned film, "The Shining."
The Alfred Hitchcock classic "Psycho," which also had a remake starring Anne Heche, snagged the sixth spot, followed by British classic horror "The Wicker Man," which tells the story of creeping pagan terror on a remote Scottish island.
The 1970s proved to be the horror film churning years, with six out of the top 10 movies coming from that decade. Among the mentioned films, "Halloween" spun sequels as well as copycats with similar titles and same plots of teenagers chased by maniacs in masks.