Each number on the right hand side (RHS) is a perfect cube
1 = 1^3
8 = 2^3
27 = 3^3
64 = 4^3
So the rule is "cube the number, then add 1". We add 1 to undo the subtraction of 1 we did in the first part (see above)
So the rule is where n is a positive whole number.
Once you get the general rule or formula, it's always a good idea to test it with the given sequence you already have. For instance, the third term is given to be 28. So if we did things right, then plugging n = 3 into the formula should give 28. Since , this example confirms it. I recommend testing the other remaining terms.
The next term would be when , so the next term is
Note: you can do each part in any order, but I find it easier to find the general rule/formula first.