We've just removed some kitchen cabinets to expose a 22mm cold water pipe behind. They're all insulated with the usual foam tubing or lagging strips on some bends. The weird thing is that when the insulation is removed, the pipe is wet. Not just here and there but all along its length (about 3m), including a 2 metre vertical section. The lagging strips (horsehair or something) are actually wet to the touch. There's also mould starting on the walls. I can't find any obvious leaks so I'm baffled as to what's causing this dampness. Condensation is an an obvious possibility but I thought the insulation was supposed to prevent that. Does anyone have any ideas?