Solved!!
Ruddy 'Ell!
Turns out they are traffic lights after all – thanks to a tip from my neighbour!
Thank you all for your suggestions – Dave could still be right about a pilots' land-mark though.
They are not temporary ones on road-works as Diogenes had suggested, but permanent, on the portals of a short tunnel leading to the prison, radio-station and Jailhouse Cafe. My neighbour recalled seeing the lights when driving to the café.
Why was I fooled into thinking they are not?
Optical illusions: they are high up the hill but I still thought them well below the prison entrance. The entrance is invisible over a mile away in the dark; and lower down than I'd believed having mistaken large, bright lights higher up still, for street-lamps on its approach
No road junction there.
Width apart: the road is fairly narrow but the entrance wing-walls are very wide, and the lamps must be on those.
General location: overlooking the air-station.
Unusual behaviour – the amber so short and faint it seemed just an artefact; the 1-minute cyclic pattern; on only at night. Or not visible in daylight even in dull weather – but they might be triggered in office hours by an approaching vehicle.
So their nocturnal behaviour might mean they have a secondary role as a night-flying land-mark, as Dave suggests. They shine roughly Northwards, across the W-E landing-strip some 300+ feet below.
'
I do not have a proper tripod mount for my binoculars but from Perko's suggestion I rested them on the tripod. This gave two things:
Sufficient steadiness – I have always had shaky hands – for me to see they do follow the normal 3-colour pattern though with a briefer, fainter amber.
Aiming-points and local horizon (a house roof) for daylight-viewing; so this morning, despite thin mist, I could see the tunnel portal just above that roof-line, and verify the lights were off.
Ah well, and no it was not the first of the month!
You wouldn't think I will have lived in this area for 61 years this year, but then, on my Officially Approved walk in only in the first LD week I discovered a twitchel I had not previously known, very close to home; linking two familiar roads and passing the Infants' and Primary Schools I had attended way back. Back when steam still ruled, passenger-and goods- trains drawn by ex-GWR pannier-tanks still served Weymouth Harbour.. And pikelets and 'Wagon Wheels' were of larger diameters!
The helicopter base was there then, as RNAS Portland, and adjacent to the now-vanished railway from Weymouth. Among the manoeuvres taught in the 1960s and 70s was frigate deck-landing, using a barge moored in what was RN (Portland). I think putting a helicopter on a frigate was a development new to that era.