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I had a letter through the door a couple of days ago saying that Thames Water are doing a full survey of the sewerage system on Barry Road between the junction with Upland Road and Peckham Rye. I suspect it's that. Either that or it's the world's most complex game of hopscotch...
They will be surveying for leaks, using I imagine metal detectors to identify exactly where pipes run into properties, and those long listening devices to detect water movement at pipe junctions. The markings may be to identify where pipes are running.

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