7M suggest to me that insulation has been damged some where, nail or may be fixing screw in one of the outlets, I had dampness in the wall cause a similar problem, as prievoiusly said you best split ring in half and investigating, may be first unscrew all socket front and see if reading improves, tested a house recently and found cable insulation had deterated such that ring read 2.1 M replaced cable reading went upto 100M, it is possible to overload the ring and for a cable to deterate, there were no since of damage, it was not near centraling heating pipe or any other reason other then age and possible overloading.
Let us now how you get on.