Facing climate change the already limited availability of drinking water will decrease in the future rendering drinking water an increasingly scarce resource. Considerable amounts of it are lost through leakages in water transportation and distribution networks. Leakage detection and localization are challenging problems due to the complex interactions and changing demands in water distribution networks. Especially small leakages are hard to pinpoint yet their localization is vital to avoid water loss over long periods of time. While there exist different approaches to solving the tasks of leakage detection and localization, they are relying on various information about the system, e.g. real-time demand measurements and the precise network topology, which is an unrealistic assumption in many real-world scenarios. In contrast, this work attempts leakage localization using pressure measurements only. For this purpose, first, leakages in the water distribution network are modeled employing Bayesian networks, and the system dynamics are analyzed. We then show how the problem is connected to and can be considered through the lens of concept drift. In particular, we argue that model-based explanations of concept drift are a promising tool for localizing leakages given limited information about the network. The methodology is experimentally evaluated using realistic benchmark scenarios.