A Dracofly is a type of Insect found in Enchanted Folk and the School of Wizardry and it's sequels. They can only be caught during Mystery Time. They are classed as Beach insects.
They can be found at The Beach or at Lovers Point. They are easy to catch as they will often stop close to the player.
It's Catalogue description reads:
"A dragonfly with sharp fangs like Dracula" Edit