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Suppose you are dealing with a branch circuit with many outlets. Connect to the last outlet a load such as a 1500 W heater. Use a heater with no fan. If that is not feasible then use a 250 W bulb as the load. Then go to each outlet on the branch circuit and measure voltage. If voltage is normal, then check the next outlet.
Between and including the last outlet with good voltage and the next one along the circuit where voltage is bad will be the problem. The fault could be between either outlet or at either one of the two.
Other measurements will determine if it is in the neutral or hot wire.
You may have to use guess work to determine the order of the outlets on the circuit.
If you need I can describe a procedure to use to determine the order of the good sockets on a circuit, and if only hot or neutral is bad a technique for determining the order beyond the problem.
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