The invention discloses a novel valve well valve which comprises a gate plate, a valve body, a lower supporting base, supporting rods, an upper supporting base, pull rods, a top arm and a pull arm, wherein the valve body is fixedly mounted on a tube opening of a blow-down tube in a valve well, and an emptying tube is arranged on the well wall opposite to the blow-down tube; the supporting rods are separately mounted on side corner positions of the top surface of the valve body; the upper ends of the supporting rods are connected with the upper supporting base in a penetrating mode, and the middle parts of the supporting rods are connected with the lower supporting base in the penetrating mode; the pull rods are mounted at the two ends of the pull arm; the pull arm is in blocking connection with the gate plate through a blocking slot, and is connected with the gate plate through a penetrating pin; and the top arm is arranged above the upper supporting base, and is connected to the upper ends of the pull rods in the penetrating mode. The valve is simple in structure, is low in manufacturing cost, is long in service life, is simple to mount, is convenient to maintain, is free of repair, is low in opening or closing labor intensity, is high in working efficiency, and is free of hidden danger in aspect of safety, completely can overcome the defects caused by a conventional valve well valve, meets application needs, and changes the condition that an existing technology is laggard.