Washing Machine cold water pipe leaking

I have been slowly flooding my kitchen over goodness knows how long! The cold water pipe/filler has water pouring out - I have turned the little knob at the top which has stopped the leak. Can anyone advise me what to do next.
Colleen
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Turn both supply valves off, go to the hardware store for a new pair of washing machine hoses, remove and replace using a pair of pliers or small pipe wrench, and turn the valves back on. Is that what you're talking about?

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