(1) Starting point is (for example)

C:\> java -version
java version "1.7.0_65"
Java(TM) SE Runtime Environment (build 1.7.0_65-b30)
Java HotSpot(TM) Client VM (build 24.65-b04, mixed mode, sharing)

C:\>

(2) Internet Explorer gives the following dialog when using an out-of-date Java SE version,
 and trying to run "http://www.java.com/en/download/installed.jsp"

 --------------------
 Java (TM) was blocked because it is out of date and needs to be updated.
 Update Run this time
 --------------------

(3) Choosing 'Update' downloads and installs Java SE 8 Update 25 (currently).
 After the installation of Java SE 8 Update 25 gives:

The web page says:
 ---------------------
Verified Java Version

Congratulations!
You have the recommended Java installed (Version 8 Update 25).
 ---------------------

 
C:\> java -version
Error: Registry key 'Software\JavaSoft\Java Runtime Environment'\CurrentVersion'

has value '1.8', but '1.7' is required.
Error: could not find java.dll
Error: Could not find Java SE Runtime Environment.

C:\>