The village has a surgery, as well as two hotels, an Esso petrol station, two shops (one housing a post office) and various other businesses.
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The Midland and South Western Junction Railway line was constructed in 1881 and ran through the centre of the village until 1961, with a station that linked the village directly to Swindon Town station to the north and Marlborough to the south.
Draycot Foliat had a small church, and the nearby village of Chiseldon was considered within the Draycot parish; however, the situation was reversed in 1571 when Edmund Gheast became the Bishop of Sarum (Salisbury) and ordered the church be demolished.
The Ridgeway Benefice consists of the Wiltshire parishes of Holy Cross Chiseldon with Draycot Foliat, Ogbourne St Andrew, which also serves the hamlets of Ogbourne Maizey and Rockley, Ogbourne St George.