The fact that a member is not accessible using class member access expr.ref (aclass.amember) due to access control [class.access] does not make this member inaccessible using other expressions.
The expression &Derived::value (whose type is int Base::*) is perfectly standard compliant, and it designates the member value of Base. Then the expression a_base.*p where p is a pointer to a member of Base and a_base an instance of Base is also standard compliant.
So any standard compliant compiler shall make the expression other.*(&Derived::value); defined behavior: access the member value of other.