Thank you for the question. The property in question would make up part of the entire estate, it is the estate as a whole which is liable for inheritance tax. The property requires to be valued at fair market value in terms of value for inheritance tax. If the estate is required to be subjected to inheritance taxation then the solicitor dealing with it should take care of all of this for you.
I hope this information proved helpful. You will find a local solicitor who deals with these matters on the law society webpage which is as follows;
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