Magento – How to get a product attribute value?

I have created an extra attribute ‘enquiry_only’ in the back-end, this is how I can retrieve the attribute value in the product info template page:

\public_html\app\design\frontend\base\default\template\catalog\product\

$enquiry_only = Mage::getModel('catalog/product')
                            ->load($_product->getId())
                            ->getAttributeText('enquiry_only');

Alternatively we can use like:

$prod = Mage::getModel('catalog/product')->load($_product->getEntityId());
$prod = $prod->getData();         
$enquiry_only = 'No';  
$attribute = Mage::getModel('eav/config')->getAttribute('catalog_product', 'enquiry_only');
foreach ( $attribute->getSource()->getAllOptions(true, true) as $option)
{
 if ($option['value'] == $prod['enquiry_only'])
 $enquiry_only = $option['label'];
}