The village name is Anglo Saxon in origin, and means 'hovel-like cottage'. In the manorial records of 1200 it was recorded as Hoccote.
The manor at Hulcott has, for a long time, been considered part of the manorial district of Aylesbury. In the Domesday Book of 1086 the village's returns were included with those of the nearby town and as such are indistinguishable from them. It is, however, a separate parish.
The village itself is very small and picturesque, with all the buildings in the village surrounding a traditional village green. In recent times the main A418 has been rerouted so that it no longer runs through the village. Recently a new golf club opened on land adjacent to the village.
The parish church in the village is dedicated to All Saints.