16 August 2012 at 18:39
When you inherited the property it would have had a market value. The would be your base cost for the property when calculating the Capital Gains Tax. Did you inherit the property from a spouse? In order to get the value of the property on the date you inherited it you should speak to the executor of the estate which will have a value.
The estate would have paid Capital Gains Tax on this property so a value would have been set.
I hope this helps?