One way I do a similar thing is with a bulk s&r (minimal match, regex and match case).
Search for
Code:
</p>(.)(.) <p>([a-z])
the (.) get the newlines, and there's two spaces (for the indentation - you may need more if you <p>'s are inside <div>'s
Replace with
note there's a space preceding the slash
This will re-flow the lines that begin with lower case letters only.
Edit: spelling